Property Butler data
The Most Expensive Places to Buy in Mumbai (2026)
The most expensive place to buy in South Mumbai — the priciest slice of India's priciest city — is Tardeo, at a median asking price of ₹77,972/sqft. Below is the full ranking of South Mumbai localities by price per sqft, from Property Butler's live tracking of 602 sale listings. The gap from top to bottom is roughly 2.2×.
| # | Locality | Median ₹/sqft | Typical range (p25–p75) | Listings |
|---|---|---|---|---|
| 1 | Tardeo | ₹77,972 | ₹75,140 – ₹87,747 | 18 |
| 2 | Prabhadevi | ₹76,824 | ₹65,142 – ₹86,984 | 70 |
| 3 | Bandra West | ₹74,958 | ₹67,339 – ₹79,216 | 43 |
| 4 | Worli | ₹73,908 | ₹65,541 – ₹90,000 | 98 |
| 5 | Bandra East | ₹65,944 | ₹50,705 – ₹73,186 | 19 |
| 6 | Mahalaxmi | ₹64,553 | ₹59,895 – ₹77,204 | 43 |
| 7 | Shivaji Park | ₹60,415 | ₹50,000 – ₹65,818 | 24 |
| 8 | Dadar West | ₹58,610 | ₹51,274 – ₹65,229 | 78 |
| 9 | Matunga West | ₹55,043 | ₹54,954 – ₹56,188 | 15 |
| 10 | Parel | ₹49,728 | ₹41,563 – ₹57,998 | 31 |
| 11 | Dadar East | ₹48,890 | ₹38,052 – ₹51,884 | 50 |
| 12 | Byculla | ₹46,901 | ₹42,972 – ₹59,863 | 41 |
| 13 | Sewri | ₹45,294 | ₹41,986 – ₹46,486 | 13 |
| 14 | Lower Parel | ₹44,151 | ₹39,512 – ₹49,392 | 32 |
| 15 | Wadala | ₹35,889 | ₹34,262 – ₹48,510 | 27 |
Cite this index
Property Butler — South Mumbai's most expensive locality to buy is Tardeo at a median asking ₹77,972/sqft (2026). https://propertybutler.in/intelligence/most-expensive
Median asking price per carpet sqft from Property Butler's tracked live listings. Part of the South Mumbai Price Index · more property answers.
FAQs
What is the most expensive area to buy property in Mumbai?
On Property Butler's live asking-price data, Tardeo is South Mumbai's most expensive locality at a median of ₹77,972/sqft. South Mumbai is the priciest part of the city overall.
What is the most affordable South Mumbai locality?
Among tracked localities, Wadala has the lowest median asking price at ₹35,889/sqft — roughly 2.2× cheaper than Tardeo.
How is this ranking calculated?
By the median asking price per carpet sqft across Property Butler's tracked live sale listings in each locality. Asking prices, not registered values. Localities with fewer than five listings are excluded.
Property Butler · Reply within 30 min
Buying in one of these localities?
Get a curated, data-backed shortlist for your budget and locality — on WhatsApp within 30 min.